Microsoft

Microsoft Corporation, based in Redmond, Washington, was founded in 1975 by Bill Gates and Paul Allen. It is one of the world's largest and most influential technology companies, primarily engaged in developing, licensing, and supporting software, hardware, and associated services. Recently, Microsoft has invested heavily in artificial intelligence (AI). This includes the virtual assistant Cortana, which uses natural language processing and machine learning, and AI-driven productivity tools such as PowerPoint Designer and Excel Insights.

Microsoft provides various AI services for developers, including the Azure Machine Learning platform, which offers a suite of tools for building, training, and deploying machine learning models, and the Microsoft Bot Framework, which enables developers to create intelligent chatbots to communicate with users via natural language. In 2019, Microsoft invested $1 billion in OpenAI, making Microsoft Azure the exclusive cloud provider of OpenAI. In January 2023, it announced a multi-year, multi-billion-dollar investment in OpenAI.

Analysts have speculated that Microsoft is attempting to revamp its Bing search engine with the OpenAI and its Prometheus model. Although Bank of America's Brad Sills believes Microsoft Bing is not likely to make a dent in Google's search market share, Microsoft is leading the charge in AI-enabled enterprise use cases. Bank of America has given MSFT stock a "buy" rating and a $300 price target.

Founded: 1975

Headquarters: Redmond, Washington

Website: https://microsoft.com